September 2021 Due Dates & Compliance

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September 2021 Due Dates – Compliance Calendar September 2021 Due Dates We present the September 2021 due dates. It is best to complete these as soon as possible. And not wait for the last date. Due Dates are extended some … Continued

TDS Rates for AY 2022-23

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TDS Rate Chart of AY 2022-23 TDS (Tax Deducted at Source) is a system in which an individual is liable to deduct tax for payment of services received. The tax deducted from the total payment amount goes to the government. … Continued

TDS vs TCS under Income Tax

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TDS vs TCS Introduction The tax imposed upon the income of a Person is called Income Tax. Income Tax, a two worded term comes from the word Income and Tax. The government collects a revenue from the public to run … Continued

What is TDS?

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What is TDS? TDS is a subset of Income Tax. It stands for Tax Deducted at Source. Therefore, it is the tax imposed on the income of a person. The deduction of tax takes place at the source of income.  … Continued

What is Income Tax.

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What is Income Tax? Income Tax, a two worded term comes from the word Income and Tax. The government collects a revenue from the public to run the country called tax. On the other hand, income is the earning done … Continued

What is an LLP.

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What is an LLP? LLP is an acronym for Limited Liability Partnership. It is a hybrid of two businesses. First, a Partnership firm. Secondly, a Private Limited Company. While, a partnership firm has unlimited liability. An LLP covers the drawbacks … Continued

A Guide to start a Private Limited Company.

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A Guide to start a Private Limited Company. A Private limited Company is easier to start. It requires only 2 shareholders. Taxation on these companies is less. For instance, a manufacturing firm pays 15% as tax. Only if its is … Continued